This revelation comes from PwC’s quarterly Business Trendsetter Barometer survey. According to the survey, private employers are seeking specific skill sets and veteran employees. This may manifest in mergers and acquisitions to grow, rather than taking on new hires, according to the report.
The last time the employee skills gap was such a significant barrier to hiring was approximately five years ago, according to the report. However, private companies do continue to prioritize growth, with 56 percent of companies surveyed indicating hiring as priority and 84 percent indicating workforce retention as a priority.
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